Marina Bay Sands facing further delays to S$4.5 billion expansion plans
SINGAPORE’S Marina Bay Sands (MBS) looks set to experience further delays to its S$4.5 billion expansion plan, according to a filing with the United States Securities and Exchange Commission.
MBS, which is owned and operated by US-listed Las Vegas Sands (LVS), announced back in April 2019 that it would be adding a 1,000-room hotel tower and a live entertainment arena seating 15,000, among other facilities.
Construction of the new facilities has been pushed back more than once due to the onset of the pandemic.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BlackRock, Citadel reap billion-dollar deals from Australia fund
Credit Suisse faces 50 billion won South Korea short-sale fine
Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
Jim Beam owner bets on canned vodka cocktails to double revenue
Hot stock: Nio climbs about 19.8% on stronger vehicle delivery performance
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO